Answer: The description are as follows:
Step-by-step explanation:
Correlation coefficients is a statistical measure that measures the relationship between the two variables.
(a) r = 1, it means that there is a Perfect positive relationship between the two variables. If there is positive increase in one variable then other variable also increases with a fixed proportion.
(b) r = -1, it means that there is a perfect negative relationship between the two variables. If there is positive increase in one variable then other variable decreases with a fixed proportion.
(c) r = 0, this is a situation which shows that there is no relationship between the two variables.
(d) r = 0.86, this is a situation which shows that there is a fairly strong positive relationship between the two variables.
(e) r = 0.06, it is nearly zero which represents that either there is a very minor positive relationship between the two variables or there is no relationship between them.
(f) r = -0.89, this is a situation which shows that there is a fairly strong negative relationship between the two variables.
The question is an annuity question with the present value of the annuity given.
The
present value of an annuity is given by PV = P(1 - (1 + r/t)^-nt) /
(r/t) where PV = $61,600; r = interest rate = 9.84% = 0.0984; t = number
of payments in a year = 6; n = number of years = 11 years and P is the
periodic payment.
61600 = P(1 - (1 + 0.0984/6)^-(11 x 6)) / (0.0984 / 6)
61600 = P(1 - (1 + 0.0164)^-66) / 0.0164
61600 x 0.0164 = P(1 - (1.0164)^-66)
1010.24 = P(1 - 0.341769) = 0.658231P
P = 1010.24 / 0.658231 = 1534.78
Thus, Niki pays $1,534.78 every two months for eleven years.
The total payment made by Niki = 11 x 6 x 1,534.78 = $101,295.48
Therefore, interest paid by Niki = $101,295.48 - $61,600 = $39,695.48
Whats the given measurements
Answer:
690
Step-by-step explanation:
Round from the tens place.
